Operational cash burn remains severe, with quarterly free cash flow outflows reaching $2.3 million in 2026Q1, further exacerbated by capital expenditures of $307.5K despite the absence of revenue.
| Cash from Operations | -6.47M | -5.63M | -5.09M | -4.5M | -4.75M | -5.47M | -1.99M | -2.95M | -2.3M | -1.93M |
| Operating CF Margin % | - | - | - | - | - | - | -1796.17% | -642.01% | -156.49% | -96.85% |
| Operating CF Growth % | -101.2% | -10.61% | -13.08% | 5.23% | 13.14% | -174.62% | 32.36% | -28.27% | -19.26% | - |
| Net Income | -8.22M | -7.69M | -8.72M | -8.81M | -6.9M | -13.48M | -4.05M | -5.23M | -3.51M | -2.72M |
| Depreciation & Amortization | 1.39M | 1.59M | 2.07M | 1.84M | 991.64K | 166.66K | 372.37K | 690.54K | 278.72K | 159.25K |
| Stock-Based Compensation | 21.16K | 0 | 736.8K | 1.03M | 1M | 1.24M | 69.84K | 411.82K | 141.22K | 35.3K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | -536.14K | -140.34K | 0 | -40K | -50.5K |
| Other Non-Cash Items | 238.9K | 208.87K | 632.39K | 882.05K | 137.83K | 8.14M | 140.34K | 632.97K | 192.12K | 321.65K |
| Working Capital Changes | 104.69K | 263.16K | 188.26K | 554.98K | 13.33K | -1M | 1.62M | 549.22K | 641.4K | 326.36K |
| Change in Receivables | 1.2K | 32 | 141 | -357 | -50 | 41 | 16.36K | 86.03K | 212.92K | -102.17K |
| Change in Inventory | 0 | 0 | 0 | -565.29K | 0 | 955.52M | 0 | 0 | 0 | 0 |
| Change in Payables | -251.19K | 0 | 0 | 565.29K | 0 | -955.52M | 657.87K | 320.8K | 53.82K | 0 |
| Cash from Investing | -938.63K | -877.72K | -1M | -1.03M | -1.93M | -1.55M | -870.26K | -717.22K | -804.49K | -852.25K |
| Capital Expenditures | -892.32K | -877.72K | -12.2K | -2.41K | -3.81K | -1.55M | -870.26K | -13.05K | -804.49K | -852.25K |
| CapEx % of Revenue | - | - | - | - | - | - | 784.56% | 2.84% | 54.82% | 42.87% |
| Acquisitions | -502 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -45.81K | 0 | -992.15K | -1.03M | -1.93M | 0 | 0 | -704.17K | -802 | -852 |
| Cash from Financing | 7.13M | 6.99M | 8M | 4.68M | 2M | 13.25M | 2.69M | 3.68M | 3.33M | 2.07M |
| Debt Issued (Net) | 15.13K | 60.52K | -2.75M | 750K | 2M | -5.99M | 2.73M | 2.69M | 40K | 1.53M |
| Equity Issued (Net) | 2.98M | 6.93M | 10.96M | 4.02M | 0 | 20.04M | 107.01K | 1.3M | 3.33M | 258K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 4.13M | 727 | -210.35K | -87.63K | 0 | -803.7K | -141.91K | -305.29K | -40.32K | 283.63K |
| Net Change in Cash | -276.53K | 480.67K | 1.9M | -856.88K | -4.68M | 6.23M | -172.32K | 18.53K | 225.65K | -707.84K |
| Free Cash Flow | -5.41M | -5.64M | -6.1M | -5.54M | -6.68M | -7.02M | -2.86M | -3.66M | -3.1M | -2.78M |
| FCF Margin % | - | - | - | - | - | - | -2580.73% | -798.32% | -211.31% | -139.72% |
| FCF Growth % | 8.21% | 7.58% | -10.15% | 17.18% | 4.85% | -145.38% | 21.85% | -18.12% | -11.63% | - |
| FCF per Share | -27.57 | -28.72 | -282.30 | -56.88 | -93.43 | -99.00 | -44.36 | -56.77 | -48.06 | - |
| FCF Conversion (FCF/Net Income) | 0.66x | 0.73x | 0.58x | 0.51x | 0.69x | 0.25x | 0.49x | 0.56x | 0.65x | 0.71x |
| Interest Paid | 1.44K | 0 | 1.04K | 0 | 7.08K | 0 | 0 | 323.25K | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Persistent pre-revenue operational burn
According to the provided financial data, Auddia consistently reports negative net income alongside negative operating cash flow, with the OCF/NI ratio fluctuating between 0.50 and 1.00, suggesting that non-cash expenses like depreciation and stock-based compensation are the primary drivers of the reported accounting losses.
The persistent gap between net income and operating cash flow indicates that the company is not yet generating the cash-generative efficiency required to sustain its R&D-heavy business model. Investors should monitor this ratio closely, as the reliance on non-cash adjustments to bridge the gap between accounting losses and cash burn may mask the underlying severity of the operational deficit.
As reported in financial statements, Auddia has maintained a consistently negative free cash flow trajectory over the last ten quarters, with quarterly outflows frequently exceeding $1.3 million, underscoring the company's inability to self-fund its operations through core business activities in the absence of any meaningful revenue.
The lack of positive free cash flow suggests that the company remains in a high-burn phase that is entirely dependent on external capital injections. This trajectory appears unsustainable without a fundamental shift in the business model, as the current cash burn rate continues to erode the company's limited liquidity position.
Based on Auddia's reported figures, the company continues to allocate capital toward equipment and software development, with quarterly capital expenditures reaching as high as $341.3K, despite the total absence of revenue to justify these investments in infrastructure or asset replacement.
The ongoing capital expenditure suggests that management is prioritizing the maintenance and development of its proprietary audio fingerprinting technology over immediate cash preservation. This capital intensity warrants further investigation, as it may indicate that the company is forced to continuously upgrade its server and processing capabilities just to keep the Faidr platform operational.
Analysis of the cash flow statements reveals erratic working capital fluctuations, with changes ranging from a $366.5K inflow in 2023Q4 to a $252.4K outflow in 2026Q1, reflecting the inherent instability of managing cash flows in a business that lacks a predictable, recurring revenue cycle.
These swings in working capital appear to be driven by timing differences in payables and accruals rather than operational efficiency. The lack of a consistent trend suggests that the company may be managing its cash outflows reactively, which may indicate potential liquidity stress during periods of high operational demand.
Based on historical filings, the company's cash flow statement obscures the true cost of operations by utilizing stock-based compensation to preserve cash, with quarterly SBC reaching as high as $311.6K, which effectively shifts the burden of funding the company's R&D from the balance sheet to existing shareholders.
This reliance on equity-based compensation suggests that the company is attempting to mitigate its cash burn by diluting shareholders rather than improving operational margins. Investors should be wary of this practice, as it may artificially improve the cash flow statement while failing to address the underlying lack of commercial viability.
Quick answers to the most common questions about buying AUUD stock.
Auddia Inc. (AUUD) generated $-5.6M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.
Auddia Inc. (AUUD) reported negative free cash flow of $5.6M in 2025, indicating capital requirements exceeded cash from operations.
Auddia Inc. (AUUD) spent $0.9M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.